Crude oil price continues to fluctuate within sideways track and finds solid resistance at 81.00 level, noting that the EMA50 continues to support the price from below, waiting to motivate the price to surpass the mentioned level and extend the bullish wave towards 83.27, to keep the bullish trend active for today conditioned by the price stability above 78.00.
The expected trading range for today is between 79.00 support and 83.27 resistance.
The expected trend for today: Bullish